55370 Zip Code

April 18, 2024

Zip Code:	55370
City/Town:	Plato
State:	Minnesota

Population:	802
Per Capita Income:	$27,011
Mean Household Income:	$69,990

Total Housing Units:	310
Median Home Value:	$100,900
Median Year Homes Built:	1955

Land Area:	22.9 sq miles 59.3 sq kilometers
Water Area:	0.0 sq miles 0.1 sq kilometers

Population Information (55370 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

802

Male:

415

51.7%

49.2%

Female:

387

48.3%

50.8%

Median Age:

44.0 yrs

37.2 yrs

Under 5 years:

5.7%

6.5%

5 to 9 years:

5.6%

6.6%

10 to 19 years:

12.0%

13.8%

20 to 29 years:

7.9%

13.8%

30 to 39 years:

10.6%

13.0%

40 to 49 years:

156

19.5%

14.2%

50 to 59 years:

114

14.2%

13.6%

60 to 69 years:

102

12.7%

9.4%

70 to 79 years:

6.0%

5.4%

80 years and over:

4.0%

3.7%

Housing Information (55370 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$100,900

$119,600

Median year homes build:

1955

1971

Median real estate taxes:

$853 / yr.

$1,334 / yr.

Median rent:

$350 / mo.

$519 / mo.

Total households:

310

Family households:

241

77.7%

66.4%

Nonfamily households:

22.3%

33.6%

Households with individuals under 18 years:

30.3%

33.4%

Households with individuals 65 years and over:

25.8%

24.9%

Average household size:

2.6

Average family size:

3.0

Total housing units:

326

Occupied housing units:

310

95.1%

88.6%

Vacant housing units:

4.9%

11.4%

For rent:

0.6%

3.1%

Rented, not occupied:

0.0%

0.2%

For sale only:

1.2%

1.4%

Sold, not occupied:

1.2%

0.3%

For seasonal, recreational, or occasional use:

0.3%

3.5%

All other vacants:

1.5%

2.8%

Homeowner vacancy rate:

1.4%

2.4%

Rental vacancy rate:

7.1%

9.2%

Owner-occupied housing units:

284

Population in owner-occupied housing units:

734

Average household size of owner-occupied units:

2.6

2.65

Renter-occupied housing units:

Population in renter-occupied housing units:

Average household size of renter-occupied units:

2.6

2.44

Educational Attainment (55370 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

525

Less than 9th grade:

9.7%

6.2%

9th to 12th grade, no diploma:

4.8%

8.7%

High school graduate (includes equivalency):

229

43.6%

29.0%

Some college, no degree:

124

23.6%

20.6%

Associate degree:

8.4%

7.5%

Bachelor's degree:

7.6%

17.6%

Graduate or professional degree:

2.3%

10.3%

Percent high school graduate or higher:

85.5%

85.0%

Percent bachelor's degree or higher:

9.9%

27.9%

Income Information (55370 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Mean household income:

$0 / yr.

$70,883

Per capita income:

$0 / yr.

$27,334

Males 15 years and over with income:

297

37.0%

50.4%

Median income:

$31,010 / yr.

$27,932 / yr.

Full-time, year-round workers:

193

24.1%

59.7%

Median income:

$37,321 / yr.

$38,349 / yr.

Females 15 years and over with income:

282

35.2%

49.6%

Median income:

$21,364 / yr.

$16,327 / yr.

Full-time, year-round workers:

158

19.7%

40.3%

Median income:

$29,659 / yr.

$28,135 / yr.

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